1507-24 Hanover Road, Brampton, ON

Queen Street Corridor, Brampton · MLS® W13441806

$429,900
For Sale
Listed 34 days ago
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
2Garage
1000-1199Sq Ft

About this home

Enjoy a beautiful lifestyle of living at Bellair Condos! Condo fee includes all utilities & basic TV-you only pay Internet!! This spacious 2 bedroom, 2 bathroom & 2 parking spot unit has plenty to offer!! The comfort and convenience of space, the added brightness from the large windows, the open-air balcony and so much more will give you all the comforts of a home, without the maintenance. This large unit features an expansive living and dining area filled with natural light from oversized windows that overlook the picturesque Caledon Hills-the perfect setting to enjoy breathtaking sunsets after a long day. With only steps to most amenities and conveniences, hwys, GO-station transit, schools, shops, BCC, Chinguacousy Ski Hill, children's playground, and so much more, this building has it all, including 2 walkouts to the large balcony. Laundry is ensuite stacked washer & dryer, walkouts to private balcony & plenty of storage to boot! The prime bedroom is generously sized with ample closet space, a 4pc ensuite bath and a walk-in clothes closet. This well-maintained building offers resort-style amenities including an indoor pool, hot tub, sauna, fully equipped gym, racquetball & squash courts, billiard room, party room, tennis courts, beautifully landscaped grounds with a waterfall feature, 2 BBQ areas and a wonderful walking trail along with workout stations surrounded by mature trees as well as gardens.You won't run out of things to do, no gym membership required!!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13441806
Bedrooms
2
Bathrooms
2
Size
1000-1199
Cross streets
Dixie Rd/Queen St/Hwy 410
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$969/mo
Exposure
North West
Property tax
$3,146 / 2025
Days on market
34
Listing brokerage
RIGHT AT HOME REALTY
Moe’s TakeTeam Asgarian · Broker
Below comparables
$477Kest. value

Listed at $429,900, this home is about 10% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 29 similar homes nearby, adjusted for size, beds, and baths.Median of 29 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $567K, a bit higher.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $500K
  • Adjusts to $500K

That comparable adjusts to $500K; the $477K estimate above is the median of all 29 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On location, this is a very walkable address with everyday errands close by. Hanover Rd opp Helena Crt is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$430KGreat deal$518KOverpriced

Total price vs nearby homes. Fair value about $477K, median of 29 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Weigh carefully
  • Value driver
Comparable listingsCurrently listed nearby in Queen Street Corridor · asking prices
$462kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

1912-25 Kensington Road$449k706-8 Lisa Street$495k#411-25 Kensington Road$399k1908-22 Hanover Road$500k1112-15 Kensington Road$465k

The 5 closest of 8 active listings nearby.

See all comparable homes
430kThis home449k495k399k500k465kThis home vs active comparables
Live market pulseActive comparables in Queen Street Corridor · median list $478K
$391this home / sqft
57active listings nearby
34days on market

This home lists 7% below the area average of $421/sqft.

12 days longer than the Brampton average (22 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Queen Street Corridor, Brampton, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

82/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Hanover Rd opp Helena Crt, about 60 m away

20+ transit stops6 grocery20+ dining20+ parks10 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Downtown Brampton
$454K
Sandringham-Wellington
$569K
Brampton South
$369K
Goreway Drive Corridor
$575K
Fletcher's Creek South
$489K

Typical asking price of active listings of the same type, per area (outliers removed). Brampton.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$1,959/mo
$105KIncome needed
4.1×Price ÷ income
$452Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

61%mortgage
Mortgage $1,959Property tax $262Condo fee $969Total carry $3,190

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,835per month

Mortgage amount $343,920 · 4.14% over 25 years

$85,980Down payment (20.0%)
$343,920Loan before insurance
$0CMHC premium
$3,066Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,835
Property tax
$262
Condo / maintenance fees
$969
Heating
$0
Estimated monthly cost
$3,066

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$5,073
Estimated closing costs
$5,073

Plus your down payment of $85,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,229/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$206,665Total interest paid
$550,585Total of all payments
Principal $343,920 Interest $206,665
YearPrincipalInterestBalance
1$8,057$13,967$335,863
2$8,394$13,630$327,469
3$8,745$13,278$318,724
4$9,111$12,913$309,614
5$9,492$12,532$300,122
6$9,889$12,135$290,233
7$10,303$11,721$279,930
8$10,733$11,290$269,197
9$11,182$10,841$258,014
10$11,650$10,373$246,364
11$12,137$9,886$234,227
12$12,645$9,378$221,582
13$13,174$8,849$208,408
14$13,725$8,298$194,682
15$14,299$7,724$180,383
16$14,897$7,126$165,486
17$15,520$6,503$149,965
18$16,170$5,854$133,796
19$16,846$5,177$116,950
20$17,551$4,473$99,399
21$18,285$3,739$81,114
22$19,050$2,974$62,065
23$19,846$2,177$42,218
24$20,677$1,347$21,541
25$21,541$482$0

At the end of your 5-year term

Total paid over the term
$110,117
Principal paid down
$43,798
Interest paid
$66,319
Balance remaining
$300,122

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$3,400/mo
$40,800Gross annual rent
4.9%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

9.5%
Gross yield
− Property tax $3,146− Condo fees $11,628− Insurance $600− Vacancy & upkeep $4,488Net operating income $20,939

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

CallRequest a showing